Will the Supreme Court interfere with asset managers' pricing models that differentiate individual investors' mutual fund shares from institutional shares and institutional separate accounts? On Monday, November 2, the court will hear oral arguments in
Jones v. Harris Associates (Chicago-based Harris advises the
Oakmark funds). For fundsters and non-fundsters interested in a refresher on the case, both the
Wall Street Journal's Jess Bravin and Jane J. Kim and
USA Today's John Waggoner take a long look in their articles published Friday.
Harris' defenders in the case have included:
SEC commissioner
Troy Paredes, the
ICI and the
Mutual Fund Directors Forum. The SEC itself and renowned federal judge
Richard Posner are among those who have weighed in against Harris. 
Edited by:
Neil Anderson, Managing Editor
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